Nice $50 area in the chart and continues to breakout, Tried to fill 3 contracts but only got 1 filled. 17DTE with $150 being a nice level of support on the daily. $25K of initial margin 100% of naked put on the 5 contracts. Annualized return on the 17 days (if held to expiration) would be 56%. Captured almost 70% of the max gain in 4 days so order got taken out right be the close on Friday for a nice gain. Annualized gain of 163% for the 4 days held with $25 Margin requirement.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-09-29 09:55:00 | OCT16 20 50 PUT | sell | $1.300 | short |
2020-09-29 10:21:00 | OCT16 20 50 PUT | sell | $1.300 | short |
2020-10-02 15:59:00 | OCT16 20 50 PUT | buy | $0.4000 | 0 |
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